68 Main StBinghamton, NY 13905
High-yield, 10-year NN lease, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 92
Highlights
- 10,818 SF Dollar General in Binghamton, NY on a 0.78-acre lot.
- Brand new 10-year NN lease starting October 2024, with four 5-year renewal options and 10% rent increases.
- Recently renovated (2024) single-story building with a new roof and 25-year transferable warranty.
- Excellent visibility, ample parking, and pylon signage. Asking price: $1,549,300 ($143.22/SF), 8.00% cap rate.
- Investment-grade tenant (Dollar General, S&P rating 'BBB') with a strong corporate guarantee; 100% occupancy.
Property Details for 68 Main St
- Property type
- Other retail properties, Individual retail properties
- Square Feet
- 10,818 SF
- Year Renovated
- 2024
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 33,977 SF
Location Insight
- City
- Binghamton
- County
- Broome
- State
- New York
- Latitude
- 42.0998899
- Longitude
- -75.9216611
Nearby Similar for Sale
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